Many people who are unfamiliar with the world of bankruptcy court believe that the approval of their bankruptcy is practically a certainty. The truth is that there’s a good chance it may be refuted. Your best bet to avoid this is to work with the best bankruptcy lawyer in Ontario CA. For a free bankruptcy examination, contact Law Offices of Terrence Fantauzzi at (909) 552-1238, or continue reading to discover the top three Californian reasons bankruptcy files are rejected.
Your deadline was missed
Keep in mind that the bankruptcy courts are quite active. Hundreds of others are filing bankruptcy petitions at the same time as you are. Although it would seem unfair for a court to reject your bankruptcy application only because you missed a deadline established by the bankruptcy court, the fact is that if they made exceptions, debtors could continue to postpone bankruptcy filings indefinitely.
If your bankruptcy is rejected because you missed a deadline, both federal and local courts have frequently concluded that they lack the ability to overturn the decision.
You made a mistake filing out documents
Let’s face it, whether you file for Chapter 7 or Chapter 13, filing for bankruptcy requires a ton of paperwork. You can be asked for pay stubs, detailed mortgage information, prior tax returns, leases for your vehicles, bank accounts, and much more, depending on your position.
The majority of this material will be requested by your bankruptcy lawyer so they may represent you as effectively as possible, but if the court requests the papers directly and you don’t supply them or offer inaccurate information, your case may be rejected. This is yet another reason to choose the best bankruptcy lawyer in Ontario CA.
The bankruptcy court finds you guilty of fraud
Inquiries will be made of you by the bankruptcy court. They are straightforward inquiries about your bankruptcy and financial position. These inquiries are intended to stop fraud. Not identifying a debt or creditor, not disclosing money you’ll get after the bankruptcy is done (such an inheritance), and not notifying the best bankruptcy lawyer in Ontario CA about other financial accounts you have are all examples of actions that might be considered fraud.
Judges take incidents of fraud extremely seriously, and if they can show fraud occurred, they won’t hesitate to reject a bankruptcy. Even worse, a bankruptcy trustee may prevent you from ever filing again using the cash you were attempting to disclose.
A small error can have major consequences
As you can see, even a minor error during a bankruptcy case can have a significant impact. The repercussions might be mild, such as having to start over, or severe, such as not being allowed to file for bankruptcy at all. We have expertise with all sorts of bankruptcy at Law Offices of Terrence Fantauzzi, and we’re here to support you every step of the way. Call us right now for a free bankruptcy examination at (909) 552-1238.